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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1050606	Salem Media Group Inc.	SALM	Radio Broadcasting Stations (4832)	770121400

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1106066	Iii G Edward Atsinger	4880 Santa Rosa Rd Camarillo CA 93012	Chief Executive Officer	No	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2020-01-27	100	$1.45	3,639,495	No	4	P	Indirect	By Atsinger Family Trust
Class A Common Stock	Acquisiton	2020-01-28	402	$1.45	3,639,897	No	4	P	Indirect	By Atsinger Family Trust
Class A Common Stock	Acquisiton	2020-01-29	1,460	$1.45	3,641,357	No	4	P	Indirect	By Atsinger Family Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Atsinger Family Trust
No	4	P	Indirect	By Atsinger Family Trust
No	4	P	Indirect	By Atsinger Family Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	107,990	Direct

Footnotes

These shares previously reported as purchased by Edward G. Atsinger III were actually purchased by Atsinger Family Trust and this purchase was pursuant to a Rule 10b5-1 trading plan adopted on August 30, 2019.
By Edward G. Atsinger III, as Trustee of the Atsinger Family Trust.
Reflects a reduction in the number of shares held by Edward G. Atsinger III after giving effect to transactions set forth on the Form 4 filed on January 29, 2020 as amended by this Form 4/A.